Cogeco Inc. (CGO) Downgraded by TD Securities
TD Securities downgraded shares of Cogeco Inc. (TSE:CGO) from a buy rating to a hold rating in a research report sent to investors on Friday. TD Securities currently has C$95.00 price objective on the stock.
Separately, Royal Bank Of Canada reiterated a sector perform rating on shares of Cogeco in a research note on Tuesday, July 4th.
Shares of Cogeco (CGO) opened at 83.00 on Friday. The company has a 50 day moving average of $80.56 and a 200 day moving average of $71.50. The company has a market cap of $1.37 billion and a PE ratio of 11.93. Cogeco has a 1-year low of $47.55 and a 1-year high of $84.81.
TRADEMARK VIOLATION NOTICE: This news story was reported by Watch List News and is the property of of Watch List News. If you are reading this news story on another publication, it was illegally stolen and republished in violation of United States & international copyright & trademark law. The correct version of this news story can be viewed at https://www.watchlistnews.com/cogeco-inc-cgo-downgraded-by-td-securities/1618462.html.
In other Cogeco news, insider Elizabeth Alves sold 474 shares of the business’s stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of C$75.80, for a total value of C$35,929.20.
Cogeco Company Profile
Cogeco Inc is a holding company, which operates in the communications and media sectors. The Company operates through two segments: Communications and Other. The Communications segment, through the Company’s subsidiary, Cogeco Communications Inc (Cogeco Communications), provides its residential and business customers with video, Internet and telephony services through its two-way broadband fiber networks.
Receive News & Ratings for Cogeco Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cogeco Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.